The minister further cited that the IMF's global growth forecasts of 3.4% in 2016 and 3.6% in 2017 were still very strong.
Former cabinet minister in the Tony Blair government Clare Short alleged that British intelligence agencies spied on the UN secretary general in the run-up to the Iraq war.
The airline said it intends to run a full schedule at Gatwick on Monday and to operate a full long-haul schedule and a "high proportion" of its short-haul programme at Heathrow.
British PM Theresa May said the threat level in the country will remain at critical and that 1,000 army troops have been deployed to boost security.
Novak Djokovic lost his momentum in the second half of last season and was toppled as the world number one by Andy Murray because his work-rate dropped, the Serbian's former coach Boris Becker said on Wednesday. Speaking a day after the two terminated their cooperation by mutual consent, German Becker said Djokovic's need to spend more time with his family had derailed him on the court.
Though some sponsors of Australian cricketers have pulled individual sponsorship deals, the decision by Magellan suggests the financial impact of the episode will go to the core of a sport seen by many Australians as the embodiment of fairness.
Australian police on Friday released a new CCTV footage hoping to find the killer of a 41-year-old Indian woman who was brutally stabbed to death in Sydney, just 300m from her home on March 7 this year while she was talking to her husband on the phone.
Here's your weekly digest of the craziest and funniest stories from around the world.
The Labour MP from Leicester since 1987, who is a married father of two, paid for men to visit him one evening last month at a flat he owns in London, the 'Sunday Mirror' claimed.
An "emotional" British Prime Minister David Cameron on Tuesday chaired his last cabinet meeting before handing over the baton to Theresa May who will assume charge on Wednesday, becoming the United Kingdom's second woman premier after Margaret Thatcher.
Summary of sports events and persons who made news on Friday
A cheating scandal that has ripped through the core of Australia's most venerated pastime, cricket, prompted church leaders to provide guidance over the Easter weekend on how to emerge from the moral tailspin.
A top lawmaker from England has revealed that the 2018 and 2022 World Cups bid is completely corrupt after allegations around the tournaments emerged.
'What is the purpose of your visit?' the immigration officer at London Heathrow asked Deborah Das.
A gunman holding hostages at a popular cafe in Sydney has demanded delivery of an Islamic State flag and a conversation with Australian Prime Minister Tony Abbott, a media report said on Monday.
The Pakistani Taliban on Monday vowed they would again target teenage rights activist Malala Yousafzai, who survived an assassination attempt last year to become a frontrunner for the Nobel Peace prize.
Scotland Yard did not elaborate on the information, or its source, but Sky News reported that it had come from the former parents-in-law of a former British soldier and had been passed on by the Royal Military police.
World athletics' governing body decided on Friday to maintain its doping ban on all Russian athletes, Sky News reported, quoting unnamed sources, leaving the country's hopes of competing in the Rio Olympics dependent on Olympic chiefs giving special dispensation at a meeting next week. The Council of the International Association of Athletics Federations (IAAF) was meeting in Vienna to decide whether to lift the ban after hearing from a task force that significant doping problems still existed in Russia. The suspension was first imposed in November and extended in March. A spokeswoman for Russia's athletics federation said she could not confirm the reports that the ban had been upheld.
The bank is expected to report a pre-tax profit of $21 bn.
After 186 days in space on the International Space Station, it is time for European Space Agency astronaut Tim Peake, American Tim Copra and Russian Yuri Malenchenko to return to Earth. But their return is fraught with danger.
At least 40 people were killed and hundreds injured on Wednesday when Egyptian security forces, backed by bulldozers, stormed two makeshift camps filled with ousted President Mohammed Morsi's supporters, even as the Muslim Brotherhood claimed that 300 died in the "massacre".
Formula One faces its biggest shake-up in decades with the announcement on Wednesday that US cable TV mogul John Malone's Liberty Media has agreed to take control of the cash-generating glamour sport.
A summary of sports events and persons who made news on Thursday
A major rescue operation is underway in the Adriatic Sea to airlift passengers stranded in a burning Italian-flagged ferry, the Norman Atlantic.
No decision yet on the fate of the Sydney Test, which starts December 26, but for us the tour is still on, says the Board of Control for Cricket in India secretary, Sanjay Patel.
FIFA President Sepp Blatter began his fifth term at the helm of football's governing body on Saturday facing the daunting task of restoring public faith in an organisation tainted by allegations of corruption and deeply divided over his re-election.
The police is investigating whether it was 'accidental or deliberate'.
London Fire Brigade fire fighters worked through the night to try and account for whole families that are still missing in the huge fire at the Grenfell Tower on the Lancaster West Estate in Latimer Road.
Migrants do many of the dirty and dangerous jobs in the region, from construction to the oil industry, transport and services
Here are a few things to know about 'Jihadi John'
Sepp Blatter could still perform a U-turn on his promise to stand down as FIFA president, a former adviser said on Monday, while FIFA did not directly deny the possibility.
Terrorism struck at the heart of London after a vehicle veered off the road and mowed down pedestrians on London Bridge and witnesses described men with large knives stabbing passersby at nearby Borough Market.
Here's your weekly digest of the most weird, true and funny news from the across the globe.
Egypt's defiant Muslim Brotherhood on Thursday vowed to bring down the military-backed government as it called for a massive anti-regime rally, a day after over 525 people were killed in the deadliest crackdown by security forces on supporters of ousted President Mohammed Morsi.
Two whole weeks after he landed on his feet in unfamiliar territory, Patrick Ward records what it is to be a parachute journalist in the chaos called India
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